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Not Verified Project

Funding

Funding Needed
$75 (Mio)
EB5 Funding
$75 (Mio)
EB-5 Investors
150
Investment Amount
$500,000

Jobs

Job Creation per Investor
10.0
Job Creation (Total)
1500
Category
Accommodation and Food Services
Sub-Category
Hotels (except Casino Hotels) and Motels

Location

State
Vermont
Location
830 Jay Peak Road, Jay, Vermont 05859

1 follower

Viji Durga

Last Update: December 08, 2016 12:44 AM

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Jay Peak Resort - Hotel Jay & Conference Center


Project Description

This significant project welcomed 150 investors and consists of a 120-suite hotel complex, conference center, indoor water park, ice arena and golf clubhouse.  It has created weatherproof amenities and further expanded the Jay Peak bed base.  Adding accommodations has been a top priority of the Jay Peak EB-5 business plan.  Adding bed base is the surest way to increase profitability.  

Jay Peak is one of Vermont's best known winter ski resorts.  With the addition of the indoor water park, indoor ice arena, clubhouse and conference center the 4-season business plan, so much a part of Jay Peak's strategy for growth, has truly become a reality.  The Hotel Jay Complex was completed in its entirety in February 2012.

News & Updates

Jay Peak receiver comes under fire for settlement that would shield Quiros
December 11, 2018
Burke snowmaking boost hinges on processing investors’ green cards
November 25, 2018
As Big Firms Gobble Up Ski Resorts, Are Burke and Jay on the Menu?
November 14, 2018
Quiros, insurer reach settlement ahead of trial in $10M policy dispute
October 29, 2018
Jay Peak receiver proposes settlement with Quiros as fees top $5 million
October 24, 2018
Resorts get ready for ski season
October 08, 2018
Vermont commerce agency rebuffs federal shutdown of EB-5 center
September 05, 2018
Receiver plans to sell Jay Peak by next summer, hits brake on Burke sale
August 13, 2018
Lawyer: Ex-Jay Peak owner penned self-serving letter before fraudulent sale
August 09, 2018
Ski area developers to pay in immigrant investor fraud case
July 12, 2018
State settles EB-5 fraud case with Quiros for $2M; Stenger for $100k
July 12, 2018
Attorneys for EB-5 investors took $5M in kickbacks from Jay Peak
July 08, 2018
Quiros says state EB-5 officials have ‘unclean hands’
March 30, 2018
EB-5 fallout: Vermont wants what's left of Quiros' assets to salvage state's reputation
March 25, 2018
Shumlin stayed at Quiros’ Fifth Avenue pad
March 18, 2018
State seeks firm to redact EB-5 documents
November 10, 2017
Quiros, SEC can’t agree on damages in EB-5 fraud case
November 09, 2017
Burke Mountain contractors receive final payments in EB-5 case
September 28, 2017
Scott won’t rule out EB-5 special prosecutor
September 27, 2017
EB-5 investors: Don’t toss case against ex-Jay Peak owner
September 21, 2017
Class-action fraud suit can go ahead against People’s bank, Quiros
September 13, 2017
Jay Peak investor sues immigration attorney
September 07, 2017
Special Report: EB-5 Reforms Face Major Hurdles
June 26, 2017
Attorneys Divvy Up $25M From Raymond James Settlement
June 14, 2017
Sec Seeks To Depose Canadian Executives Over Jay Peak Sale
May 07, 2017
Jay Peak Receiver Asks Town Board To Waive $164,159 Tax Penalty
May 05, 2017
U.S. Ski Team affiliation a boon for Burke Mountain community
January 11, 2017
UNPAID BILLS PROVE HARDSHIP FOR CONTRACTORS IN NORTHEAST KINGDOM EB-5 PROJECTS
December 30, 2016
Quiros denies SEC allegations, any knowledge of fraud
December 28, 2016
Backstory: Biggest Reporting Regret
December 28, 2016
Anc Bio Vermont troubles began south korea
December 27, 2016
Stenger acts lawyer denies class action claims
December 23, 2016
Burke trains elite skiers
December 22, 2016
Burke first US ski team development site
December 20, 2016
RECEIVER: Don't delay suit against Quiros and financial firm
December 20, 2016
EB-5 Program Extended, Leaving Reforms, Visas in Question
December 15, 2016
Battle records quiros children friend heats
December 12, 2016
Investors seek jay peak related brokerage records
December 06, 2016
Receiver seeks $1.95m helping clean EB-5 mess Jay Peak
November 24, 2016
Jay peak manager readies first ski season helm
November 23, 2016
Judge: Jay Peak developer was architect of fraud
November 23, 2016
Q&A: Michael Goldberg, Jay Peak Receiver
November 22, 2016
State releases redacted EB-5 documents vtdigger fights
November 21, 2016
Peoples united bank investors square off EB-5 claims
November 19, 2016
Newport hole and Anc-bio site- go delinquent on taxes too
November 17, 2016
Resorts in fraud case say they're hiring as usual for winter
November 03, 2016
NEK resorts hold job fair
November 03, 2016
Jay Peak Resort Delinquent Property Taxes
October 26, 2016
Lawyers quiros eb-5 case tussle word 'ponzi'
October 14, 2016
EB-5 Investor Says Jay Peak Developers Double-Sold Hotel Jay
August 29, 2016
Receiver Rebuffs $93 Million Offer For Jay Peak
August 23, 2016
Deposition Outlines Alleged EB-5 Fraud
July 19, 2016
Shumlin Administration Had Evidence Of Alleged EB-5 Fraud 18 Months Before Charges
July 14, 2016
Phil Scott disappointed in Shumlin Administration's decision on EB-5 investor solicitation
July 14, 2016
Quiros Asks Vermont Judge To Dismiss EB-5 Fraud Case
July 11, 2016
Jay Peak EB-5 Lawsuit Receiver's website
June 30, 2016
Updated: Raymond James Settles With State For $5.95M In EB-5 Case
June 30, 2016
SEC Receiver Sues Financial Firm Quiros Used For Investor Funds
May 26, 2016
Anc Bio Investor Sues Raymond James
May 10, 2016
DEFENSE ATTORNEY: QUIROS IS ‘NO BERNIE MADOFF’
April 26, 2016
Jay Peak: An Autopsy of EB-5 Visa Fraud, Greed and Ignorance
April 21, 2016
UPDATED: QUIROS ASKS FEDERAL COURT TO LIFT ASSET FREEZE
April 20, 2016
Jay Peak Resort Visit - Behar Law Firm
April 20, 2016
Vermont scheme could put EB-5 in jeopardy
April 18, 2016
Vermont EB-5 Scam Offers Template for Explaining Northern Beef Packers Fiasco
April 16, 2016
EB-5 immigrant investor program hit by massive fraud investigation
April 15, 2016
After SEC Takedown, Vermont Pols Back Away From EB-5, Developers
April 15, 2016
SEC起诉Jay Peak,一座大山轰然倒下|EB-5特特特大新闻
April 15, 2016
SEC Case Freezes Assets of Ski Resort Steeped in Fraudulent EB-5 Offerings
April 14, 2016
SEC Alleges ‘Ponzi-Like’ Scheme in Vermont Involving EB-5 Visa Program
April 14, 2016
Feds Charge Northeast Kingdom Developers With 'Ponzi-Like' Fraud
April 14, 2016
Federal and state authorities allege massive fraud in Northeast Kingdom development projects
April 14, 2016
Vermont ski resort accused of running ‘Ponzi-like’ scheme
April 14, 2016
FEDS CHARGE QUIROS AND STENGER WITH MASSIVE ‘PONZI-LIKE’ SCHEME
April 14, 2016
Vt., feds allege 'massive' fraud at Jay Peak Inc.
April 14, 2016
Q Burke hotel struggles to open
March 20, 2016
Update on NEK economic development/EB-5 projects
March 10, 2016
Extension for EB-5 visa program to be decided by December 16, as fraud worries persist
December 15, 2015
Does the EB-5 visa program take advantage of investors?
December 11, 2015
Jay Peak fails to meet water quality targets in settlement with state, Environment Group
August 19, 2015
Stenger's 'Renaissance' Raises Hope — and Skepticism — in Newport
August 05, 2015
STATE REGULATOR GIVES DEVELOPERS APPROVAL TO SOLICIT NEW EB-5 INVESTORS FOR Q BURKE
July 21, 2015
Jay Peak Signs Agreement To Improve Streams Damaged By Development
March 05, 2015
Stenger pushes on with EB-5 projects despite setback
July 18, 2014
Inspired By Jay Peak, Mount Snow Looks To Court Foreign EB-5 Investors
February 19, 2014
Lure of Green Cards Brings Big Investments for Remote Resort in Vermont
December 30, 2012
Report from Jay Peak
April 18, 2012
Seeing Green : Vermont's EB-5 program trades cash for visas — fair deal or shady business?
April 04, 2012
Why did Rapid Visa USA and Jay Peak Part Ways?
March 25, 2012
State Says EB5 Program Unaffected By Jay Peak Allegations
March 24, 2012
MARGOLIS: IN THE EB-5 SUBCULTURE, JAY PEAK FINANCES QUESTIONED
March 19, 2012
EB-5 Visa Agent / Broker Rapid Visas denounces Jay Peak
March 01, 2012

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